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What to expect from Fed’s real-time payments service coming in 2023

By Gaia Lamperti

August 30, 2022

  • Banks
  • faster payments
  • Fed

The Federal Reserve (Fed) revealed it will launch its new instant payment ‘FedNow’ service in mid-2023, sometime between May and July. First announced in 2020, the rollout of the service will finally bring to conclusion a multi-year journey inching the US along a journey towards a payments system fit for the needs of the post-pandemic world. […]

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